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u.s. economy. what are they saying about this? >> well, that's the problem for policymakers. i do think both republicans and democrats they want a deal. leaders want a deal because this really could be an economic catastrophe. i mean, that's what something that ben bernanke warned repeatedly. put politics aside for a little bit and try to get a deal. but both sides want to get the best deal possible and you're in the going to see any deal anytime soon because we have until january 1st. >> so you're saying they're going to wait until the last second. >> last second, up to christmas, if not new year's. this week when congress comes back and into next week, you see jockeying for leverage. that's what's going to happen. no major deal is going to reach -- be reached much before christmas if there is a deal. >> no plan for bob cusack celebrating the new year. you'll be on the hill waiting for a deal. we'll continue the conference. i appreciate it. switching gears, just into us at cnn, new damage
u.s. economy. what are they saying about this? >> well, that's the problem for policymakers. i do think both republicans and democrats they want a deal. leaders want a deal because this really could be an economic catastrophe. i mean, that's what something that ben bernanke warned repeatedly. put politics aside for a little bit and try to get a deal. but both sides want to get the best deal possible and you're in the going to see any deal anytime soon because we have until january 1st....
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Nov 26, 2012
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it could be a valuable resource. >> it's not always the military, and what i mean is we know the u.s. military use it is but more and more drones are being used by law enforcement in this country, right? >> sure. you're exactly right. we use them already in the united states for border control. the coast guard uses them. so these aren't completely unheard of in the united states. and we're going to see more and more of these. the faa, the federal aviation administration, they have a mandate from congress to incorporate more of these unmanned systems into civilian air space by 2014. what that could mean is we see more and more of these drones in civilian air space around cities, and you take a step back and say that's really scary, but really they're less expensive than some of the helicopters that local law enforcement have and so that would give local law enforcement the ability to afford some of these surveillance vehicles, and, you know, it's the kind of thing, martin, where if we see more and more of these, we're going to have increased privacy issues because it definitely opens u
it could be a valuable resource. >> it's not always the military, and what i mean is we know the u.s. military use it is but more and more drones are being used by law enforcement in this country, right? >> sure. you're exactly right. we use them already in the united states for border control. the coast guard uses them. so these aren't completely unheard of in the united states. and we're going to see more and more of these. the faa, the federal aviation administration, they have a...
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Nov 26, 2012
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what's happening in the u.s. economy? it slowly is healing job market is starting to filter into sentiment. and the housing market is showing some notable signs of improvement. this week we're going to hear more on the housing market. manufacturing sector, also some consumer data. we're going to get some fed regional reports from the federal reserve. also going to get a gauge of gdp, gross domestic product. gdp is the broadest gauge of economic growth. prior quarter was something like 2%, not great. we think that maybe they're going to think this quarter was more like 2.8%, which would show, again, that healing in the market overall. a quick focus for you on the housing market. this is something you probably felt most directly. in part because we have record low mortgage rates. last year the 30-year fixed fell to 3.31%. the 15-year fixed, this is the popular refinancing tool, 2.63%. many of you are telling me you can't qualify. i'm telling you, these rates are going to stay low for a long time so you should try to repair
what's happening in the u.s. economy? it slowly is healing job market is starting to filter into sentiment. and the housing market is showing some notable signs of improvement. this week we're going to hear more on the housing market. manufacturing sector, also some consumer data. we're going to get some fed regional reports from the federal reserve. also going to get a gauge of gdp, gross domestic product. gdp is the broadest gauge of economic growth. prior quarter was something like 2%, not...
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u.s. ambassador to the u.n., susan rice, etch though he's been the target of republican attacks for weeks. up high! ok. don't you have any usefull apps on that thing? who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly lculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's pho
u.s. ambassador to the u.n., susan rice, etch though he's been the target of republican attacks for weeks. up high! ok. don't you have any usefull apps on that thing? who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly lculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ campbell's has 24 new...
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it raises up the dip u.s. diplomat's famous line that the problem with the islamist governments is it is one man, one vote, one time, and they're afraid that they will never get their revolution that they wanted. >> all right. so the egyptian president, he negotiates this cease-fire. there seems to be relative calm here, but he is aligned with hamas that is in gaza, so is he powerful, is he powerful inside israel as well? is there really a concern on israel's part now that you have the egyptian president, an muslimist, hamas, out of negotiations even more in power after the cease-fire? >> the devil is in the details. israel well knows, it won some important points here. it got the international community's support. benjamin netanyahu, the israeli military, had a right to defend israelis from the barrage of roblgts coming from gaza. the iron dome proved itself to be very effective as, you know, a technological way to deliver -- to, you know, deter all of this. finally, israeli intelligence had identified some o
it raises up the dip u.s. diplomat's famous line that the problem with the islamist governments is it is one man, one vote, one time, and they're afraid that they will never get their revolution that they wanted. >> all right. so the egyptian president, he negotiates this cease-fire. there seems to be relative calm here, but he is aligned with hamas that is in gaza, so is he powerful, is he powerful inside israel as well? is there really a concern on israel's part now that you have the...
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and the u.s. in particular has made it clear that they would like egypt to play a positive role in the region. and if egypt wants to continue to get its military assistance as per previous agreements. so the moves to consolidate power in his hands are moves that are not precedented. and these haven't been very well received as we see from the egyptian public. and it seems to me that the last word has to be with the egyptian people and we hope that morsi can -- president morsi can navigate through these turbulent waters in a serious and responsible manner. because egypt as a major arab country is needed as a peacemaker, as a mediator and as the center of stability. we cannot afford to have egypt destabilized in the region. >> plo executive committee member joining us this morning. nice to have you with us. thank you for being with us. >>> got to take a short break. we're back in just a moment. americans are always ready to work hard for a better future. since ameriprise financial was founded back i
and the u.s. in particular has made it clear that they would like egypt to play a positive role in the region. and if egypt wants to continue to get its military assistance as per previous agreements. so the moves to consolidate power in his hands are moves that are not precedented. and these haven't been very well received as we see from the egyptian public. and it seems to me that the last word has to be with the egyptian people and we hope that morsi can -- president morsi can navigate...
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the current u.s. ambassador to the united nations has been criticized. mccain now says he will not block rice's nomination and he'll give her a chance to explain. >> i give everyone the benefit of explaining their position and the actions that they took. i'll be glad to have the opportunity to discuss these issues with her. >> rice has said that her description of the attack was based on the best intelligence at the moment. republicans have accused her of downplaying an obvious terrorist attack for political motives. >>> other stories we're watching this morning, a huge gas explosion in springfield, massachusetts, that hurt 21 people was the result of human error. the state fire marshal's office says a utility worker inadvertently poked a hole in a high pressure gas line. that line was incorrectly indicated by sidewalk markings. on friday afternoon the gas built up and eventually it ignited. one building was destroyed. dozens more were damaged. >>> police are investigating the death of a suspected shoplifter at a suburban atlanta walmart. several reports
the current u.s. ambassador to the united nations has been criticized. mccain now says he will not block rice's nomination and he'll give her a chance to explain. >> i give everyone the benefit of explaining their position and the actions that they took. i'll be glad to have the opportunity to discuss these issues with her. >> rice has said that her description of the attack was based on the best intelligence at the moment. republicans have accused her of downplaying an obvious...